So You’re Thinking Of Becoming A Real Estate Investor?

Becoming a real estate investor should be seriously considered before investing in your first property.Today, there are many career and part time business opportunities that promise to help you live a life of greater wealth and freedom. There are, for example, work-at-home opportunities that promise to allow you to stay at home, parked in front of a glowing computer screen and promising you’ll be earning a good living. The fact is, you can become an entrepreneur in just about every field. You can own a chain of stores, start your own home-based business, or you can sell your own information products such as audio discs or online courses online.With all these options, why should you become a real estate investor?In my opinion, even with the many opportunities out there today, becoming a real estate investor is still one of the smartest choices for many would-be entrepreneurs, and here’s why. Unlike other choices:Becoming a real estate investor can actually carry less risk.The truth is, everyone needs real estate sooner or later. Businesses need retail space in order to house their shops or store their supplies, and families need homes in which to live.This constant demand ensures that the smart real estate investor always has willing audiences looking for his or her product. This is simply not true of people who sell information products or who work at home at other careers.Secondly, the earning potential for real estate investors are sky-high.Because real estate investors are selling very high tag items — homes sell for anywhere from tens of thousands to millions of dollars — the profit margins can be terrific.At the same time, start up costs for the real estate investor are not prohibitive. If you want to own your own chain of restaurants, you may need to invest hundreds of thousands of dollars or go deep into debt in order to purchase the space, supplies, and in order to hire the staff. You can realistically become a real estate investor while still at college and living in a dorm room.You do not have to have specialized knowledge, tons of ready cash, or much of anything else except knowledge and focused determination. The truth is, there are already a number of mortgage products, loan products, and other financial resources in place to help the would-be real estate investor get started. After the first real estate deal or two, the real estate investor generally has enough money of his or her own to start investing in more properties.Therefore, the real estate investor does not have to stay in debt and therefore face the risk of losing money in a bad economy.Thirdly, becoming a real estate investor can be deeply satisfying.A real estate investor helps families find an ideal home, helps people with bad credit find a property that they thought they could not afford, and helps businesses established a base of operations. It can be truly rewarding for the real estate investor to make such a deep impact on people’s lives. At the same time, the real estate investor enjoys complete freedom. He or she does not have to report to a boss, spend hours in a cubicle, or even spend hours at home.”This sort of freedom — combined with the truly awesome earnings potential of being an investor — makes real estate investing a wonderful part time business opportunity.”If you want to earn a real living while enjoying greater freedom, consider all your options. Once you do, you may find that becoming a real estate investor makes the most sense. This is the opportunity that allows you to survive in just about every economy and allows you to enjoy a truly rewarding career and truly terrific profits.To Massive Profits.Brad WoznyFounder, GREATRealEstateInvestingINFO.comPS. How would you like to generate a six figure bank account or realize seven figure profits in as little as seven months?

Why Serious Investors Use Real Estate Investment Software

In this article we’ll consider why serious real estate investors–those who want to make the best return possible on their real estate investments–use real estate investment software to evaluate investment opportunities.
It’s fast. Good investment property analysis software makes it possible to analyze cash flows, rates of return, and profitability of rental properties in minutes. This enables investors to collect the data needed for decision-making quickly.
It’s precise. Good investment evaluation software makes accurate calculations for a wide-range of returns and measures deemed crucial to sound real estate analysis. The last thing analysts should have to worry about is faulty math.
The reports are informative. Good real estate investment software creates professional-quality reports investors can confidently pass on to colleagues, partners, and lenders.
It knows what data is required. Good rental property software includes forms specially designed to gather the appropriate facts and figures about a property. This is particularly helpful to investors with little or no real estate analysis experience because they just fill in the forms and print.
It keeps the seller’s data honest. Investors who have the ability to run the numbers themselves prevent anyone from making an unrealistic presentation of the property and perhaps “slipping one” by.
It’s inexpensive. Good realestate investment software does not have to cost an arm and a leg. Anyone can create top-notch real estate analysis presentations forever for just a few hundred dollars.
Okay, now let’s consider the alternative.
You can create your own spreadsheet. Excel makes it possible for anyone to mimic investing software solutions. But it takes time (lots of time) to develop the reports and calculations provided in good real estate investment software. You should ask yourself whether you are inept enough about real estate investing and Excel before you get started. Plus, remember that your goal is make a profit on investment properties and not to shave a few bucks off your analysis presentations.
You can rely on rules of thumb. It’s easy to calculate a property’s cap rate or gross rent multiplier. But what about cash-on-cash return, cash flow after tax, internal rate of return, and mortgage amortization? Bear in mind that you are planning to make a huge property investment, so you should rely on something more meaningful than on simple calculations you can do in your head.
You can accept the seller’s data. But it’s never a good idea to accept property data point blank because it leaves too much room for others to embellish reality. You should always be prepared to verify the numbers you are presented about any investment opportunity to be sure that they comply with your real estate investing plan.
Once you’re ready to invest in good real estate investment software you’ve got to know what to look for. So here are a few suggestions.
Foremost, be sure that the software is user-friendly–that you know what to do from the moment you open it. If not, be sure you have a number you can call for tech support.
Preview the reports. Are they easy to read? Do they contain all the crucial returns you will need (or desire) to make an intelligent investment decision? Are they professional quality?
Consider what rates of return you desire. For example, are you interested only in suitable returns calculated without consideration for the elements of tax shelter, or would you prefer full consideration of tax shelter? If so, then look for real estate investment software that includes calculations for things such as depreciation, mortgage interest, amortization of loan points, and cash flow after tax.
Would you like both analysis and marketing presentations? If so, then look for a software solution that will create an Executive Summary or Marketing Package in addition to an APOD, Proforma Income Statement, and Rent Roll.
You get the idea.The important thing is to realize that real estate investing is a business and real estate investment software is a tool that will help you to grow that business wisely. And in the same way that serious investors have come to rely on good real estate investment software to help them make smart investment property decisions, so should you.